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Bill Mah, edmontonjournal.com) [5 v- n6 j" P( f$ W
Published: 9:53 am! k1 i0 y+ S' O9 x/ m2 p
EDMONTON - Prices for new homes in Edmonton fell 5.3 per cent in July compared to the same month last year, marking the biggest year-over-year drop in 23 years, said Statistics Canada today.9 n, f- L: b5 n H; D2 L
9 _5 u5 U/ U$ `- n5 i" ^! XEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city. 9 m0 h' Q# k4 x A! ?( q
" ^8 X# x P* i: eCompared to June, Edmonton new home prices nudged downward 0.2 per cent.
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Calgary saw a 0.3 per cent slide compared to July of last year.6 \) H' _2 T) [1 {$ L* B: O
% H2 L' H' m9 c' E"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.) E* ~) @' J. r3 M7 D* M% n
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Even heated Saskatoon posted a slower annual increase of 13.1 per cent, "further confirmation of a trend of deceleration in this city. Many builders reported increased prices as a result of higher material and labour costs," the agency said.% t0 Q- X7 F$ S3 B2 i- R
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The fastest pace was in Regina, which saw a year-over-year price increase of 29.6 per cent, down from its record rise of 34 per cent in April.
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As the market continued to cool in Western Canada, prices for new homes rose nationally at a slower pace in July for the sixth consecutive month.5 _' j- V; l: N8 k9 \; Y0 [- ]4 [
" V/ Q+ e( s% q, |! q. s- a0 F, MPrices were up 2.7 per cent in July from a year earlier, down from June's annual pace of 3.5 per cent. On a monthly basis, prices edged up 0.1 per cent between June and July.
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"The growth rate of the index has been on a downward trend since September 2006," the agency said.% h3 U p1 b1 \$ @" u
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With files from Canwest News Service
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X. d9 A. Z( F6 bbmah@thejournal.canwest.com
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© Edmonton Journal 2008
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[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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